Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v2.4.1.9
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Computation of Earnings Per Share, Basic and Diluted

 

 

 

 

 

 

 

(share amounts in thousands)

 

Three Months Ended March 31,

 

 

 

2015

 

 

2014

Net income (loss)

 

$

(10,197)

 

$

1,863 

Preferred stock dividends

 

 

(1,974)

 

 

(1,974)

Loss available to common stockholders

 

$

(12,171)

 

$

(111)

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

57,479 

 

 

40,328 

Weighted average shares outstanding for diluted loss per share

 

 

57,479 

 

 

40,328 

 

 

 

 

 

 

 

Basic loss per share

 

$

(0.21)

 

$

(0.00)

Diluted loss per share

 

$

(0.21)

 

$

(0.00)

 

 

 

 

 

 

 

The following were excluded from the diluted earnings per share calculation because their effect would be anti-dilutive:

Stock options

 

 

30 

 

 

40 

Restricted stock

 

 

61